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Solium Announces Acquisition of San Francisco-Based Technology Company, Advanced-HR
Solium Announces Acquisition of San Francisco-Based Technology Company, Advanced-HR ...
About this update from Summit Royalties Ltd
[{"type":"text","content":"\n\n\n\nSolium Announces Acquisition of San Francisco-Based Technology Company, Advanced-HR\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Feb. 21, 2018\n\n\n\nThe acquisition will give private companies unprecedented access to compensation and equity plan data and technology to help organizations attract and retain top talent\n\n\n\nCALGARY, Feb. 21, 2018 /CNW/ - Solium Capital Inc. (\"Solium\" or the \"Company\") (TSX: SUM), the leading global provider of software-as-a-service (SaaS) for equity administration, financial reporting and compliance, today announced that it has acquired Advanced-HR, the leading provider of compensation data and compensation planning software for private and venture backed companies.\n\nBased in San Francisco, Advanced-HR is the trusted source for compensation data in the venture capital and private company ecosystem. Through its products, OptionDriver and OptionImpact, the company has unparalleled expertise with startup compensation data and services. Over 2,500 startups and 120 top venture capital firms use Advanced-HR for compensation and equity benchmarking and planning.\n\n\"Since founding the company in 1997, we have pioneered a number of firsts in our industry,\" said Dee DiPietro, Advanced-HR's Founder and Chief Executive Officer. \"We brought transparency and automation to an industry that has a complex approach to compensation in that equity plays a significant role. As Advanced-HR continues to scale, it made perfect sense to join forces with a financial technology leader in equity management.\"\n\nTogether, Solium and Advanced-HR give an unprecedented source of data combined with the best applications and services for planning, managing and engaging employees with their equity based compensation.\n\n\"Not only is Advanced-HR the de facto leader in compensation data, they show companies and their VC partners how to put the data to work to make informed decisions in building their teams,\" said Marcos Lopez, Solium's Chief Executive Officer. \"Talent is the number one res...